The Ins & Outs Of Guaranteed Issue Life Insurance

Posted on March 16, 2015 and updated March 16, 2015 in Infographics, Life Insurance Canada News 1 min read

Guaranteed Issue Life Insurance is a no medical life insurance plan that does not require a medical test, or health questions, in order to get approved. This is similar to a Simplified Issue plan. The difference between the two is that a Simplified Issue plan requires a health questionnaire to be answered before approval.  

A Guaranteed Issue Life Insurance policy is a great fit for those that are already ill or have recently been diagnosed with a serious medical condition such as, cancer, heart disease or kidney failure.

If you are unsure about qualifying for traditional life insurance, our infographic on the top 5 diseases that make it hard to get life insurance may help you. 

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